This statistic shows the potential for headcount savings in the real estate title insurance market, derived from the introduction of blockchain technology, in the United States, as of 2016. As of that time, the introduction of blockchain technology could lower the cost of agent commissions in the United States from 3.6 to 2.9 billion U.S. dollars.
Real estate title insurance headcount expenses, currently vs. post-blockchain, in the United States in 2016
(in billion U.S. dollars)
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Statista. (December 7, 2016). Real estate title insurance headcount expenses, currently vs. post-blockchain, in the United States in 2016 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/647697/united-states-real-estate-title-insurance-headcount-expenses-current-vs-blockchain/
Statista. "Real estate title insurance headcount expenses, currently vs. post-blockchain, in the United States in 2016 (in billion U.S. dollars)." Chart. December 7, 2016. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/647697/united-states-real-estate-title-insurance-headcount-expenses-current-vs-blockchain/
Statista. (2016). Real estate title insurance headcount expenses, currently vs. post-blockchain, in the United States in 2016 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/647697/united-states-real-estate-title-insurance-headcount-expenses-current-vs-blockchain/
Statista. "Real Estate Title Insurance Headcount Expenses, Currently Vs. Post-blockchain, in The United States in 2016 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Dec 2016, https://www.statista.com/statistics/647697/united-states-real-estate-title-insurance-headcount-expenses-current-vs-blockchain/
Statista, Real estate title insurance headcount expenses, currently vs. post-blockchain, in the United States in 2016 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/647697/united-states-real-estate-title-insurance-headcount-expenses-current-vs-blockchain/ (last visited December 22, 2024)
Real estate title insurance headcount expenses, currently vs. post-blockchain, in the United States in 2016 (in billion U.S. dollars) [Graph], Statista, December 7, 2016. [Online]. Available: https://www.statista.com/statistics/647697/united-states-real-estate-title-insurance-headcount-expenses-current-vs-blockchain/
